According to our discussion of uber in class which of the, Ask an Expert

Economics

According to our discussion of Uber in class, which of the following best describes the evidence of the impact of the surge-pricing strategy?

a. Surge-pricing tends to create large shortages in the market during busy times

b. Surge-pricing tends to create large surpluses in the market during busy times

c. Surge-pricing tends to bring the market towards equilibrium during busy times

d. Surge-pricing tends to cause people to choose a life of quiet solitude rather than having to go out and pay for transportation

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91707611

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